Tag: insurance (16 articles)

Finance   |   1 April, 2025 at 5:17 PM

Romania's insurance market gains 11% in 2024

Romania's insurance market saw a total volume of gross written premiums of RON 23.4 billion (€4.7 billion) during 2024, up 11% compared to the previous year, according to a report by the Financial Supervisory Authority (ASF).

RECOMMENDED FROM THE HOME PAGE
Hidroelectrica posts 122% profit surge in Q1 2026
Energy

Hidroelectrica posts 122% profit surge in Q1 2026

Romanian energy giant Hidroelectrica recorded a net profit of €263 million in the first quarter of 2026, marking a 122% increase compared to same period last year, according to a report submitted to the BVB.

Industry

Digi Communications reports 10% revenue growth in Q1 2026

Digi Communications reported consolidated revenues of €583 million in Q1 2026, a 10% year-on-year increase. At the same time, adjusted EBITDA (excluding IFRS 16 impact) reached €161.2 million, up 15% compared to Q1 2025.

Industry

Uber launches hotel bookings and AI voice features

Uber Technologies announced new products and features at its annual Go-Get product event, including hotel bookings and travel tools that are planned to roll out globally in the coming months.

Finance

CEC Bank gets rating upgrade from Fitch

Fitch Ratings has upgraded CEC Bank's Long-Term Issuer Default Rating from BB to BB+ with a Stable Outlook, following the publication of Fitch's updated Bank Rating Criteria on 8 May 2026.